Landlord Question and Answer Forum
late payments
my tenant paid rent late causing a late payment fpr my mortgage and equity loan. Can I pass these costs on to him in Massachusetts?
Sheila H, MA on Thursday, January 14, 2010
Ref:
RE: late payments
Most states have a 5 day grace period which means on the 7th day of the month the rent is considered late. My tenants in NJ have a late fee of 5% of the rent if I do not receive it on time. You may want to google it up and find out what is the maximum percentage you can charge your tenants for late fees. Was it stated in the lease agreement?
Posted by
Beth G, FL
on
Friday, May 07, 2010
Rent Receipt
This standard rent receipt records every aspect of a tenant’s payment, including amount, payment type, and date. Also includes memo space for individualized record-keeping.
Document
Features
Property Management Agreement - Property Management Contract
This is a contract executed between a landlord and a property manager, outlining the responsibilities of each party and the agreed-upon fee structure.
with State Assist guidelines
Document
Features
- Auto-fill Document
- Email-able
Lease Renewal Notice
Extend the terms of an existing lease with just a few clicks of the keyboard using this customizable form.
Document
Features
- Auto-fill Document
- Works with Window Envelopes
- Email-able
- Custom Logo Compatible
- Editable
Direct Deposit Billing Authorization
This document asks for the tenants authorization to automatically debit a tenants' bank account for the rent each month.
Document
Features
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Jacob W, WI
Updated:
03/27/2011
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06/01/2011
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